Retal Urban Development Company · TADAWUL:4322
Retal Urban Development — Investor Presentation (September 2025)
29 slides from Retal Urban Development's investor presentation, September 2025
Slide 1: Shaping Tomorrow's Communities
Shaping Tomorrow’s Communities Investors Presentation Sep, 2025
Slide 2: Disclaimer
DISCLAIMER THE FOLLOWING APPLIES TO THIS PRESENTATION AND THE INFORMATION CONTAINED THEREIN, THE ORAL PRESENTATION BY RETAL URBAN DEVELOPMENT COMPANY (THE "COMPANY") OR ANY PERSON ON BEHALF OF THE COMPANY, AND ANY QUESTION-AND-ANSWER SESSION THAT FOLLOWS THE ORAL PRESENTATION (COLLECTIVELY, THE "INF
Slide 3: Content
Content 01. History of Retal 02. Market & Ecosystem 03. Business Update 04. Financial Highlight 05. Our Blueprint
Slide 4: History of Retal
History of Retal
Slide 5: Retal's History
5 Retal’s History Retal 2025© Retal Urban Retal became ROSHN’s first Retal broadened its capital In H1 2025, Retal signed a SAR 1.41 Development was sub-developer, beginning with base through new billion deal to build 995 homes in founded, marking the projects that have since partnerships, including
Slide 6: Market & Ecosystem
Market & Ecosystem
Slide 7: Empowering Homeownership in the Kingdom
Empowering Homeownership in the Kingdom Target Target Target 2024 2024 2030 70% 98,000 SAR 82,000 859B Launched in 2018 by Ministry of Municipal, Rural Affairs, and Housing, the Housing Program is a key 818bn 65.4% component of Saudi Vision 2030 that aims to transform the housing sector in Saudi Ara
Slide 8: Retal as an Enabler
8 Retal as an Enabler Retal 2025© 70 % Housing Target by Retal’s Branded 2030 Product Segments • 64% by 2024 (has been surpassed, reached • High-end, luxury lifestyle housing brand. 65.4% by end of 2024 • Positioned at the very top of the market, • 81B by 2024 (has been surpassed, reached focusing o
Slide 9: 2025 Regulatory Reforms Unlock Demand & Accelerate Development
9 2025 Regulatory Reforms Unlock Demand & Accelerate Development Retal 2025© Foreign-Ownership Law (July White-Land & Vacant-Property Fee Retal Tactical Responses 2025) Amendment (May 2025) • Scope: Non-resident may now own in • White land: inside urban zones regardless • Site selection: prioritize
Slide 10: Business Update
s ¥ a Business Update
Slide 11: Diversified Business Model Delivering Sustainable Growth
11 Diversified Business Model Delivering Sustainable Growth Retal 2025© Business Model Partnership with ROSHN Offtake Agreements (JABEEN Self-Owned Projects Partnership in Funds & SPVs & NHC & ROSHN) Revenue Streams Revenue Streams Revenue Streams Revenue Streams Development Fees Marketing Fees Deve
Slide 12: Q2 – 2025 in Review
12 Q2 – 2025 in Review Retal 2025© An eventful start for the year, with multiple new projects added to the pipeline. New Project with Watheeq Dividends Declaration Growing Portfolio of New Contract with NHC Projects- 12 for Nesaj Town Lazord Capital Company H1 – 2025 Project Retal’s direct developme
Slide 13: Number of Mortgage Contracts Update
13 Number of Mortgage Contracts Update Retal 2025© 30,329 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 25-Jul New Mortgages Value (SAR bn) Number of New Mortgages Breakdown of Mortgage Values 30,147 27,771 22,104 20,490 18,321 19,450 18,992 Up 17% + vs. 17,397 14,573 June 12,222 12,054 12,181 9,496 9,048 6,184 7,2
Slide 14: Financial Highlight
pe [ib in| pis Financial Highlight
Slide 15: Retal In Numbers Q2 2025
Retal In Numbers Q2 2025 Retal continues to demonstrate its strength and ability to deliver in the market. Q2 2025 saw revenue growth of 5.4% on the back of a 5.5% increase in development contract revenues SAR 488.4 mn SAR 475.4 mn SAR 106.2 mn SAR 59.6 mn SAR 72.1 mn ▲5.4% YoY ▲5.5% YoY -17.6% YoY
Slide 16: Financial Highlights Q2 - 2025
16 Financial Highlights Q2 - 2025 Retal 2025© Income Statement Highlights Retal sustained strong growth across its key financial metrics in Q2-2025, with a 5.4% YoY increase in revenues, primarily fueled by a 5.5% increase in development contracts. Operating profit decreased by -41.4% YoY, and net p
Slide 17: Retal In Numbers H1 2025
Retal In Numbers H1 2025 Retal continues to demonstrate its strength and ability to deliver in the market. H1 2025 saw revenues growth of 9.5% on the back of increased development contracts revenues of 13.2%, yielding an increase of 2.7% in net profit before minority interest. SAR 1,055.5 mn SAR 1,0
Slide 18: Financial Highlights H1 - 2025
18 Financial Highlights H1 - 2025 Retal 2025© Income Statement Highlights Retal sustained strong growth across its key financial metrics in H1-2025, with a 9.5% YoY increase in revenues, primarily fueled by a 13.2% increase in development contracts. Operating profit decreased by 16.9% YoY, and net p
Slide 19: Financial Highlights H1 - 2025: Leverage
19 Financial Highlights H1 - 2025 Retal 2025© Leverage Highlights Retal’s total debt stood at SAR 1,650 million as of Q2-2025, down 4.9% 1,735 1,650 683 783 1,052 1.08x 3.46x 1.79x 868 Current Ratio Adj. Leverage Ratio Debt/Equity 0.22x YTD 0.18x YTD 0.27x YTD (1) Adjusted leverage ratio = (To
Slide 20: Dividends Payout
Dividends Payout 20 Dividend Payout Ratio | % Retal 2025© 84% 81% 81% 80% 80% 51% 41% 2019 2020 2021 2022 2023 2024 H1 2025 Net Income | SAR mn 266 246 193 202 146 99 60 2019 2020 2021 2022 2023 2024 H1 2025 Retal Strategically Aligns Its Dividend Policy With The Growth Opportunities In The Saudi Ma
Slide 21: Portfolio | Ongoing & Upcoming Projects
Portfolio | Ongoing & Upcoming Projects Retal boasts a total portfolio of 24 ongoing and upcoming projects spread across different cities around the Kingdom, with a total value of SAR 18.7 bn and only 20% of backlog revenues recognized to date Recognized Revenues Ongoing & Upcoming Projects Ongoing
Slide 22: Project Status Summary
Project Status Summary 1,721 Regional Portfolio Distribution | Ongoing & Upcoming projects 37% 4,704 Total Units 2,983 With a strong existing presence in the Eastern 43% 63% Contribution Region, Retal has successfully expanded its 9 footprint to enjoy a more balanced distribution of projects between
Slide 23: Funds & SPVs | Revenue Generation
23 Funds & SPVs | Revenue Generation Retal 2025© Retal’s participation in 12 funds/SPVs generates revenues at high gross profit margins with forecasted revenues of SAR 381 million over 3 to 5 years Funds Performance and Forecast Funds 10 2 12 As of June 2025 Ongoing Funds & SPVs Upcoming Funds & SPV
Slide 24: Indirect Investments: Funds & SPVs
24 Indirect Investments: Funds & SPVs Retal 2025© Retal acts as a developer for 12 separate real estate developments through Funds & SPVs with a combined expected revenue of SAR 381 million Masar Retal Rise | Tower A RBC Al Khobar Qurtobah Retal Rise | NOBU The Strip Masal Location Location Location
Slide 25: Indirect Investments: Funds & SPVs
25 Indirect Investments: Funds & SPVs Retal 2025© Retal acts as a developer for 12 separate real estate developments through Funds & SPVs with a combined expected revenue of SAR 381 million Ewan Tharwa Ritz-Carlton Bloom Hassa Ewan Marasi Terra Riyadh Location Location Location Location Location Al
Slide 26: 05. Our Blueprint for Growth
05. Our Blueprint for Growth
Slide 27: Forward-Looking Growth Pillars
27 Forward-Looking Growth Pillars Retal 2025© Guided by an unwavering dedication to its stakeholders, Retal relies on four main pillars for future growth Strategic Partnerships Diversification Customer Experience Digital Transformation Talent Pool Strengthen existing partnerships Prioritize timely c
Slide 28: Q&A
Q&A
Slide 29: [email protected] retal.com.sa
+966 13 801 3803 [email protected] retal.com.sa
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